3307 Lyons Ave, Norfolk, VA, 23509 | $658/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Norfolk at 3307 Lyons Ave, Norfolk, VA, 23509 generates $2,266/mo in rent and, after a $1,317/mo payment, leaves $658/mo in cash flow. Total monthly income is $2,266/mo, and annual cash flow is $7,891/yr on $89,174 invested. Return on cash invested sits at 28.76% in year one, and rental yield is 10.11% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 150.02% and total cumulative return in cash sums $133,775. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,266/mo property income rather than buyer’s personal income.

Single Family

Built in 1907

3,301 sqft lot

$N/A/sqft

No HOA